Niti panel report on easing business regulatory framework next month

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New Delhi | Published: June 12, 2016 4:32:28 PM

An expert panel set up by Niti Aayog will come out with its state-specific report proposing measures for enhancing ease of doing business by next month.

The enterprise survey was to assess the existing business regulatory environment in the states based on the responses from the companies including manufacturing units and startups. (Express Photo)The enterprise survey was to assess the existing business regulatory environment in the states based on the responses from the companies including manufacturing units and startups. (Express Photo)

An expert panel set up by Niti Aayog will come out with its state-specific report proposing measures for enhancing ease of doing business by next month.

A joint survey by NITI Aayog-IDFC Institute Enterprise is focussed on giving boost to the Centre’s ‘Make in India’ initiative by identifying issues facing businesses and providing impetus to state-level reforms that will help in improving ease of doing business in the country, while fostering competitive and cooperative federalism.

 

“The expert panel set up in June 2015 will submit its report by next month,” a senior government official said.
Efforts are on to give the final touch to the survey report, he added.

Besides reaching out to companies in metro cities, the survey also covered cities like Ghaziabad and Bhubaneswar, the official said.

The survey will not rank states in terms of ease of doing business rather focus on identifying problems and sharing best practices.

In June last year, the government had set up the panel, headed by Niti Aayog Vice Chairman Arvind Pangariya, to finalise scope and methodology of ‘Enterprise Survey on Business Regulatory Environment’ in the country.

The enterprise survey was to assess the existing business regulatory environment in the states based on the responses from the companies including manufacturing units and startups.

Thereafter, in October 2015, Niti Aayog hired a consultant for conducting the enterprise survey on business regulatory environment in India.

Last year, a Parliamentary panel suggested several steps such as urgent requirement to reduce procedures and time period for registration of a company in order to improve India’s ranking in the ease of doing business.

The committee had observed that the issue of construction permits is a grey area in the ease of doing business scenario and there is an urgent need for introduction of fast-track building plan approval systems.

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